Business

Argentina seeks Qatar’s help to set up new LNG terminal 18 Feb 2014 - 01:33 am

H E Dr Mohamed bin Saleh Al Sada, Minister of Energy and Industry, with Héctor Marcos Timerman, Minister of Foreign Affairs of Argentina,...

QE surges to 67-month high, index up 1.54pc 18 Feb 2014 - 01:31 am

DOHA: Qatar’s benchmark index rose 1.54 percent, its biggest one-day gain in six weeks, to hit a 67-month high yesterday. Market cap rose...

GWC’s Logistics Village to be ready by June 18 Feb 2014 - 01:30 am

The Vice Chairman of Gulf Warehousing Company, Ahmed Mubarak Al Ali Al Maadid (centre), addressing the Ninth Ordinary Annual General Meeting of the...

Eurozone meeting 18 Feb 2014 - 01:26 am

Greece’s Finance Minister Yannis Stournaras (left) greets his Portuguese counterpart Maria Luis Albuquerque as Spain’s Economy Minister Luis de Guindos looks on during...

QNET sends students from Rashid Centre to Malaysia 18 Feb 2014 - 01:22 am

QNET officials at the ceremony. Doha: QNET, direct selling company having its regional headquarters in UAE, is sending select group of UAE students...

Japan growth slows 18 Feb 2014 - 01:20 am

A woman rides a bicycle past a food store in Tokyo yesterday. Japan’s economy grew at a much slower pace than expected at...

Malabar Gold opens third outlet in Kuwait 18 Feb 2014 - 01:19 am

Shaikha Leena Abdul Aziz Elmashaan and Shaikha Mariam Ismaeel Jumaah Al Ansari jointly inaugurating Malabar Gold & Diamonds’ third outlet in Kuwait at...

Hiring in Britain lowest since 2010 18 Feb 2014 - 01:18 am

Commuters at the Waterloo Station in London. Just 54 percent of firms said they planned to recruit staff. LONDON: The number of British...

Defaults up in China 18 Feb 2014 - 01:18 am

A worker walks past a branch of China Construction Bank in Beijing. Six Chinese trust firms have lent more than 5bn yuan ($824.6m)...

IQ shares hit 9-year high on dividend 18 Feb 2014 - 01:17 am

DOHA: Blue chip Industries Qatar surged to a nine-year high yesterday as a surprise hike in dividends attracted buyers even though the firm’s...

Marginal increase in January inflation 18 Feb 2014 - 01:17 am

DOHA: Consumers might be struggling to balance monthly budget with their limited disposable income, especially due to high rentals and rising prices of...

Morgan Stanley gets new Mena head 18 Feb 2014 - 01:16 am

DUBAI: Morgan Stanley named Patrick Delivanis as the head of investment banking in the Middle East and North Africa, a spokesman confirmed yesterday,...

Fiat’s cash access to Chrysler funds curbed by dividend cap 18 Feb 2014 - 01:13 am

MILAN: Indebted Italian carmaker Fiat said yesterday that its access to the cash of US subsidiary Chrysler, which it took full control of...

$800m tax payout for Murdoch firm 18 Feb 2014 - 01:13 am

SYDNEY: Rupert Murdoch’s Australian operations pocketed an Aus$882m ($800m) tax rebate from the new government, reports said yesterday, blowing a major hole in...

Gulf Marine Services plans London IPO 18 Feb 2014 - 01:12 am

DUBAI: Abu Dhabi-based Gulf Marine Services (GMS) said yesterday it intended to sell shares on the London Stock Exchange to fund its growth...

Dollar down to six-week low on weak data 18 Feb 2014 - 01:11 am

LONDON: The dollar hit 6-week lows yesterday as recent weak US data cast doubt on the pace of monetary tightening, while prospects for...

Russia eyes $5.5bn from privatisation 18 Feb 2014 - 01:11 am

MOSCOW: Russia’s prime minister said yesterday he hoped to raise more than $5.5bn this year by selling stakes in state companies, reviving a...

Spain firm makes bid for three UK airports 18 Feb 2014 - 01:11 am

MADRID: Spanish infrastructure group Ferrovial has made an offer to Heathrow Airport Holdings (HAH) for British airports Aberdeen, Glasgow and Southampton, a source...